IFRS-5 Summarized Flowchart

That’s it! A simple Summary of IFRS 5: Non-current Assets Held for Sale and Discontinued Operations using a flowchart concept. I hope this makes understanding asset impairment a little bit easier for you

Download This FlowChart in PDF

Note: This is only the summary of IFRS-5: Non-current Assets Held for Sale and Discontinued Operations. Referring to the complete original IFRS is recommended for better decision-making, as everything out there is in full detail. If you want to read the original IFRS-5: Non-current Assets Held for Sale and Discontinued Operations, you may read it here.

Muzammil Hussain Korai

Muzammil Korai is a Chartered Accountant (CA) Finalist. He has years of experience in Accounting, Audit and Finance. Currently, he is working as a Senior Accounting and Finance Professional in a well known organization in Saudi Arabia.